This is a “must read”
for anyone considering investing in eBay shares; and, just to whet your
appetite, a couple of quotes therefrom …
“I just finished one of my thinking days last month. I
filled a white board with my assessment of the external market and how we were
doing against our priorities for the first six months of this year. As
frequently happens, once I had written everything out in one place, I found it
useful to step back and look at things from a holistic perspective. I emerged with
new insights and with greater clarity about what’s most important. To remind
myself of these insights, I wrote them out, as I always do, into my personal
priorities file and now carry this file with me everywhere I go.”—John Donahoe,
LinkedIn (15 Jul 2013)
[Now, seriously, what could one possibly offer in response
to that drivel?]
“Last year, for example, when I took an extended vacation
as part of our company’s sabbatical program, I had some pretty transformational
thoughts about reconnecting to our company’s purpose and setting ourselves on a
good-to-great journey. I came back to work not just rested, but with more
clarity and more conviction than I’ve had in years. This allowed me to share
these transformational thoughts with our entire company which has re-energized
our team and made me a more effective leader.”—John Donahoe, LinkedIn (15 Jul 2013)
[Phew! More drivel from this talentless, narcissistic
sociopath.]
And this turkey is at the helm of a Fortune
500 company—unbelievable …
Ho, Ho, Ho, it
really is long past time for you to go … http://bit.ly/YvxFEg

]]>By: PhilipCohenhttp://pando.com/2014/02/18/ebay-and-the-declaration-of-paypals-dependence/#comment-80202
Wed, 19 Feb 2014 14:36:40 +0000http://pando.com/?p=128225#comment-80202Notwithstanding that I have hereto before been a constant vociferous critic
of eBay’s chief headless turkey, Johnny Ho, this time I have to concur with him
that eBay should never let go of “PreyPal”. As great a fool as he is, Johnny Ho
knows that without its existing integrated relationship with the eBay
marketplace, the value of the clunky “PreyPal”, as a stand-alone, would be
reduced catastrophically (eBay actually generates ~30% of PayPal new users with
no customer acquisition costs for PayPal and half of PayPal’s profits come from
transactions on eBay where “PreyPal” is well integrated); and, worse still,
without “PreyPal”, the value of the eBay marketplace would be reduced by some
40% (“PreyPal” currently contributes ~42% of eBay’s profits) …
I hate to admit it, but for once Johnny Ho has got it right; Carl Icahn
does not know what he is talking about and clearly has no understanding of the value
of the inextricable and mutually supporting nature of the incestuous
relationship between these two clunky, disingenuous, unscrupulous, commercial
entities …
Regardless, none of the above can outweigh the fact that Johnny Ho is
otherwise a talentless, destructive, narcissistic sociopath and that under his
direction eBay Inc. is ultimately going to finish up at the sewage farm …
The fact is, notwithstanding the amount of disingenuous noise that constantly
emanates from the eBay Dept of Spin, “PreyPal” has little more than one percent
(~1.1%) of the world’s total payments business (and much of that is funded via
MasterCard/Visa); the “bankcards”, MasterCard and Visa, have ~90% thereof
between them and Amex has another ~8%, and MasterCard and Visa have recently launched
their own professional mobile/plastic POS/online digital wallets—The clunky PreyPal’s
“best before” date is fast approaching …
The ugly reality of eBay Inc.:
eBay’s crooked auctions marketplace
… http://bit.ly/11F2eas
eBay Motors (UK sampling): Auction Fraud Galore
… http://bit.ly/I2gTEU
eBay Motors XSS Redirect Scams in
Action: video … http://bit.ly/1d46NvE
eBay/Gumtree / Barclays Bank Motors Scams … http://bit.ly/1c9Uwck
eBay’s clunky, unscrupulous
“PreyPal” … http://bit.ly/UVXx53
The ongoing joke of eBay Inc. … http://bit.ly/YvxFEg
Fun quotes from the eBay executive
suite … http://bit.ly/12xvzyA
On Facebook … https://www.facebook.com/groups/formerebaysellers/

eBay / PayPal / Donahoe: Dead Men Walking …

]]>By: RichVernadeauhttp://pando.com/2014/02/18/ebay-and-the-declaration-of-paypals-dependence/#comment-80201
Wed, 19 Feb 2014 12:11:02 +0000http://pando.com/?p=128225#comment-80201Icahn sees what looms ahead on the horizon for eBay (and it’s not good). He recognizes that PayPal is propping eBay up and that separated from eBay (which could easily drag PayPal down), PayPal will soar. It’s important to split PayPal off while there is still time…
]]>By: RichVernadeauhttp://pando.com/2014/02/18/ebay-and-the-declaration-of-paypals-dependence/#comment-80200
Wed, 19 Feb 2014 12:11:00 +0000http://pando.com/?p=128225#comment-80200Icahn sees what looms ahead on the horizon for eBay (and it’s not good). He recognizes that PayPal is propping eBay up and that separated from eBay (which could easily drag PayPal down), PayPal will soar. It’s important to split PayPal off while there is still time…
]]>